Anthropic’s mega-IPO may create a new class of millionaires

Anthropic, the company behind the Claude chatbot, has confidentially filed for an initial public offering. The deal could raise up to $100 billion at a targeted valuation of $2 trillion. The numbers behind the filing Anthropic filed for its IPO on June 1, 2026. The $2 trillion target is ambitious by any standard. Only a month earlier, in May 2026, the company was valued at $965 billion during its Series H funding round. The company’s leaked prospectus shows why investors are paying attention. Revenue grew 12-fold in 2025 to approximately $4.6 billion. The other side of the ledger is less flattering. Net losses for the same period are estimated at about $42 billion. The timeline is also taking shape. A pre-IPO gathering is scheduled for October 14, 2026, at Anthropic’s headquarters. Formal marketing to investors could begin the week of November 9, with the company aiming to list before US Thanksgiving. A wave of employee wealth SpaceX completed its own IPO in June 2026 at a $1.77 trillion valuation, and OpenAI is also part of the conversation around upcoming mega-listings. Private markets analysis firm Sacra has run the numbers on what this cluster of offerings could mean for worker...